Earnings in the last three months of the year were roughly in line with market expectations, as analysts polled by Dow Jones Newswires expected the net profit to drop to PLN729 million.

Provisions for non-performing loans jumped to PLN186.9 million in the October-December period from PLN131.4 million a year earlier.

The bank's management said it is proposing a dividend of PLN8.39 a share, amounting to 75% of last year's net profit of PLN2.96 billion. The dividend is subject to shareholders' approval at a general meeting.

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